Deterioration Rate : The rate of change in asset condition from one year to another. As the rate typically varies over time it may also be referred to as the 'deterioration curve'
Peter Milne and Kieran Sharp, ARRB Group, and Bob Ungers, consultant, Austroads Glossary of Terms (4th Ed.), Austroads Ltd., Sydney, NSW, Australia 2010. http://www.bicyclensw.org.au/files/u1/Austroads_Gl ossary_of_Terms_4th_edition.pdf (Road Trfc and Transp Sfty - Brit) {529}